Bermuda-based Aspen Insurance Holdings Limited announced today it is entering the global excess casualty insurance market with a dedicated underwriting unit based in Dublin.

Aspen said the unit will focus on construction and global risk managed programs. It added that a notification has been made to the UK Financial Services Authority under a European passport, to establish a branch in Dublin.

By late November, Aspen said it anticipates commencing underwriting, subject to meeting the necessary regulatory requirements.

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